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The Canadian steelmaker is directly bearing the costs of the tariffs because it is importer of record in the United States ...
Nippon Steel already has a joint venture there, Arcelormittal Nippon Steel ... a recently rejected offer from domestic rival Cleveland-Cliffs Inc. But a foreign takeover of an iconic American ...
The indefinite idling of these facilities is not due to steel tariffs,” a company spokesperson said in a statement.
Q1 Earnings: Cleveland-Cliffs reported first-quarter revenue of $4.63 billion, missing analyst estimates of $4.64 billion, ...
Chief Executive Lourenco Goncalves said the steelmaker will make a higher volume commitment with its automotive customers.
The Cleveland-based company said it had a loss of $1 per share. Losses, adjusted for non-recurring costs, came to 92 cents per share. The results missed Wall Street expectations. The average estimate ...
It says the idlings will result in $300 million a year in savings without impacting flat-rolled steel output. It says the ...
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